Property Details
Upcoming Open Houses
About this Property
265-273 88th Street is a rare eighty (80) unit multifamily portfolio comprising five (5) extremely well-maintained apartment buildings situated on two parcels in the heart of the highly desirable Broadmoor Neighborhood of Daly City. - Offered at $26M, this stabilized asset features a unit mix of (6) 3-Br/2-Ba, (6) 2-Br/2-Ba, (4) 2-Br/1-Ba, (62) 1-Br/1-Ba, and (2) Studio units, totaling over 91,000± square feet of gross building area. With a favorable price-per-unit of $325,000 and a price-per-square-foot of $283, this opportunity has strong in-place cash flow (5.23% current cap rate & 11.33 current GRM) -- 265 88th St (4-units), 273 88th St (20-units), 1145 Edgeworth (18-units), 1157 Edgeworth (18-units), 374 89th St (20-units). SIGNIFICANT CAPITAL IMPROVEMENTS have been completed, including voluntary seismic upgrade, updated windows across all buildings, upgraded main electrical panels (25'), deck re-coating and rail painting (25'), updated water heaters, bird proofing, and extensive interior unit updates, with most units having been updated in the past 5-7 years. All units are individually metered for gas and electric, and twelve (12) units offer central forced-air heating.
MLS Listing Information
MLS #
ML82013733
MLS Source
MLSListings, Inc.
Days on Site
8
Interior Features
Kitchen
Countertop - Granite
Appliances
Dishwasher, Oven Range - Electric
Flooring
Laminate
Laundry
Coin Operated
Cooling
None
Heating
Central Forced Air, Wall Furnace
Exterior Features
Roof
Tar/Gravel
Foundation
Slab, Quake Bracing
Pool
Community Facility
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Garage: 0 Car(s)
Elementary District
Jefferson Elementary San Mateo
High School District
Jefferson Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
Community Pool
Zoning
SC(C-0)
Contact Information
Listing Agent
Nate Gustavson
Compass
License #: 01898316
Phone: (415) 786-9410
Co-Listing Agent
Cameron Foster
License #: 00972394
Phone: (415) 699-6168
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 76 | 80 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,128 | 3 | 2/0 | $3,131 | $3,900 | 6 |
| 2 | 902 | 2 | 2/0 | $2,741 | $3,000 | 6 |
| 3 | 821 | 2 | 1/0 | $2,200 | $3,000 | 4 |
| 4 | 677 | 1 | 1/0 | $2,100 | $2,300 | 62 |
| 5 | 518 | 0 | 1/0 | $1,476 | $1,890 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
265-273 88th St is a Residential Income in Daly City, CA 94015. This 91,970 square foot property sits on a 0.975 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $26,000,000 and was built in 1966. This address can also be written as 265-273 88th St, Daly City, CA 94015.
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This listing information is up-to-date as of July 08, 2025. For the most current information, please contact Nate Gustavson, (415) 786-9410
